The , that started back in November 2015, was broken but the price was rejected from the 200 line and the completion of pattern.
Now, $BRK.B price needs to prove that the breakout is real.
1. It must close the week above the daily downtrend line.
2. It should overcome the 200 line to signal stronger move.
If $BRK.B will decline below the daily downtrend line, it will be a signal that can be saved only if the price will find support near 130 - The meeting zone of 2 daily lines.
So where do you think BRK.B is heading? and what does it means for the stock markets?
Tomer, The MarketZone.net
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